obs

SAU_E

SAU_G

1971

12.40551

22.63975

1972

12.63815

22.94579

1973

12.87016

23.39339

1974

12.98263

24.52973

1975

12.80645

24.56334

1976

13.00346

24.87962

1977

13.0718

25.02772

1978

12.9876

25.10639

1979

13.11713

25.43926

1980

13.18748

25.82501

1981

13.1827

25.93787

1982

12.79757

25.7531

1983

12.55635

25.58199

1984

12.48492

25.50485

1985

12.20972

25.36667

1986

12.56314

25.18874

1987

12.42334

25.17407

1988

12.60326

25.20351

1989

12.60999

25.28076

1990

12.82178

25.48354

1991

13.05136

25.60102

1992

13.0805

25.63815

1993

13.06656

25.60721

1994

13.04836

25.62354

1995

13.05468

25.68231

1996

13.06405

25.78423

1997

13.055

25.82917

1998

13.08468

25.70532

1999

13.00676

25.8044

2000

13.08007

25.96206

2001

13.06094

25.93282

2002

12.99554

25.96264

2003

13.1524

26.09191

2004

13.22287

26.2791

2005

13.27175

26.51768

2006

13.2639

26.65525

2007

13.22574

26.75373

2008

13.26961

26.9767

2009

13.17757

26.78495

2010

13.19571

26.99011

2011

13.30755

27.22981

Vector Autoregression Estimates

Date: 04/06/14   Time: 18:51

Sample (adjusted): 1972 2011

Included observations: 40 after adjustments

Standard errors in ( ) & t-statistics in [ ]

SAU_E

SAU_G

SAU_E(-1)

0.893037

0.429693

(0.10191)

(0.13193)

[ 8.76270]

[ 3.25705]

SAU_G(-1)

-0.032336

0.809028

(0.02982)

(0.03860)

[-1.08441]

[ 20.9588]

C

2.232437

-0.572506

(1.05947)

(1.37149)

[ 2.10712]

[-0.41743]

R-squared

0.736460

0.957051

Adj. R-squared

0.722215

0.954730

Sum sq. resids

0.729455

1.222373

S.E. equation

0.140410

0.181761

F-statistic

51.69812

412.2443

Log likelihood

23.32920

13.00417

Akaike AIC

-1.016460

-0.500209

Schwarz SC

-0.889794

-0.373543

Mean dependent

12.96633

25.63994

S.D. dependent

0.266406

0.854267

Determinant resid covariance (dof adj.)

0.000481

Determinant resid covariance

0.000412

Log likelihood

42.38980

Akaike information criterion

-1.819490

Schwarz criterion

-1.566158